Bloomberg Technology
China Widens Probe Beyond Didi, Roiling Global Investors
Jul.05 — The regulatory saga over Didi Global Inc. has made China’s biggest tech firms a riskier bet. China expanded its latest crackdown on the technology industry beyond Didi to include two other companies that recently listed in New York. Stephen Engle reports on “Bloomberg Daybreak: Australia.”
WeFlyOver dotcom
July 6, 2021 at 2:31 am
DiDi, Bitcoin = Billions leaving China’s market and control. They are scared their economy will collapse. They have leveraged themselves heavily on credit and the chickens have come home to roost. Money is flowing out of China by the billions.
UziFurKev
July 6, 2021 at 3:01 am
sus
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July 6, 2021 at 8:43 pm
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Teh Mu Jin
July 6, 2021 at 3:08 am
Ban Didi from operating in China.
beto
July 6, 2021 at 3:19 am
The timing is fishy, it seems CCP wants to hurt international investors. This is my main concern about investing in IT companies from China.
民國第一總統袁世凱
July 6, 2021 at 6:44 am
滴滴为了去美国上市把中国私人用户数据和中国地图信息打包给美国政府了。
J H
July 6, 2021 at 1:47 pm
Didn’t you hear the white man say China regulator reached out before the IPO and Didi went ahead anyway? Sounds more like Didi went to the US to IPO because the regulatory requirements are much more lax
Supa Copper
July 7, 2021 at 7:57 am
So far, from what I see in this saga, the problem is DiDi itself, not the Chinese government or party..
DiDi has been advised to delay their IPO, but they went on to get themselves listed in US market anyway..
mrPmj00
July 6, 2021 at 3:51 am
.FAANG stocks (Facebook, Apple, Amazon, Netflix, Microsoft) and Intel.
For the recovery: Disney, Wells Fargo, Boeing, Walgreens
warren buffet quotes: It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Ivan2Jura
July 6, 2021 at 4:52 am
BA lol? For a duopoly there never seems to be an Airbus crashing, having issues or dropping engines around the country…
mrPmj00
July 6, 2021 at 5:58 am
@Ivan2Jura So go buy airbus.
Rocky Manilow
July 6, 2021 at 4:33 am
Didi shafted US investors 👹👹👹
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July 6, 2021 at 4:46 am
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July 6, 2021 at 4:46 am
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No longer
July 6, 2021 at 5:25 am
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Bloomberg Technology. Youtube
July 6, 2021 at 10:34 pm
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Harazzz Kriss
July 6, 2021 at 6:26 am
Didi scammed US investors , and they are desperately trying to hide their embarrassment😂😂
Entao Lu
July 6, 2021 at 10:55 am
&(^%*^&(&*)*(_American virus/American flu
Coronavirus originated in the United States. Two virus leaks occurred at the U.S. Virus Laboratory in
Fort Detrick, Maryland, U.S. in 2019.On October 18, 2019, the 7th Military World Games was held in Wuhan china. American soldiers brought the coronavirus to Wuhan. the United States virus infected the world.Americans are trying to hide the truth
The flu comes from the U.S., Covid-19 come from the United States.
B Gweed
July 6, 2021 at 2:28 pm
I’d never buy any China individual stock. The CCP dictatorship is so opaque and their decisions are absolute that you can’t really believe anything. Think that reforms will happen in China? Ask Jack Ma or anyone that lives in Hong Kong. Is there money to be made in China, heck yes, but you can make money in Vegas…at least Vegas plays by known set rules.
KimmyDaisyMaltese
July 6, 2021 at 7:07 pm
Shut up. No one cares what you think.
mrclinf85
July 6, 2021 at 9:21 pm
China have a strong market and we want to invest,these companies must obey regulators in china and over here in the united state of America.
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Steven Yeah
July 7, 2021 at 12:18 am
Bloomberg will never report Didi sold sensitive user data to U.S. Nor that you would know and care.But as one of the millions users in China using Didi, we ask for this company to be cracked down immediately.
E Tow
July 7, 2021 at 4:06 am
Hilarious that western media is criticizing a true government of the people is fighting for the people instead of their corporate masters !
Keith Moschetto
July 7, 2021 at 5:03 am
I would never buy Chinese stocks. The ccp can change the rules as they go. Sell now before you lose more money.
老王 隔壁
July 7, 2021 at 7:30 am
Why US is too obsessed getting Chinese Mainland Data?
Supa Copper
July 7, 2021 at 8:44 am
We can blame and hate China for many things, but for this incident, it was DiDi who looking for trouble by deciding to get public listed on the planned date, despite being advised to delay their IPO beforehand.. DiDi also sell out their user data, which is a very serious act..
pekwind
July 7, 2021 at 9:32 am
The questions they asked showed how little westerners know about China’s context. It is not the government chose to do this after the IPO, its that the IPO wasn’t really approved as DiDi was trying to do it by brute-force, sorta challenging the government, putting its data in risks.
Didi obviously rushed the IPO under the pressure of investors. They spent about 20 days on the IPO, and asked all media not to report on their IPO, which is very unusual as most companies would rather prefer as much media exposure as possible for such events.
Unveiled Eyes
July 7, 2021 at 11:26 am
If Chinese regulators had in fact reached out to Didi prior to its IPO, I guess Didi’s management, underwriters and brokers owe the retail investors and SEC an explanation, and even potentially damages if sued
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July 7, 2021 at 2:40 pm
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